European Union
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
Funding from private equity house EQT will propel WTS Germany to compete with the ‘big four’, the firm’s leaders told ITR in an extensive interview
However, nearly 10% of reports only disclosed activities in tax havens, according to the Fair Tax Foundation; in other news, Plante Moran sealed a US east coast merger
In other news, the Council of the EU pledged support to a CBAM simplification and exemption initiative, and Portugal issued new VAT filing guidance
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Sponsored by Deloitte IrelandJohn Cunningham of Deloitte Ireland explains the motivation behind the EU’s CBAM, the timeline for its intended implementation, and what companies should be doing to prepare. -
Sponsored by EY RomaniaAdrian Rus and Gabriela Bancescu of EY Romania report on the front-running enactment of legislation implementing the EU directive and what it means for MNEs.
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Sponsored by VdAFilipe de Vasconcelos Fernandes of Vieira de Almeida highlights problems with the Council of the European Union’s introduction of a temporary solidarity contribution to address the ‘excess’ profits of energy companies and permanent establishments.
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